Which of the following is typically the last step in site selection?
A. Define present trade area.
B. Match characteristics of present trade area with potential sites.
C. Conduct a situational analysis.
D. Analyze trade area characteristics.
Answer: B
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Which of the following is an example of a tying agreement?
A. When purchasing a couch, the buyer is given free throw pillows. B. As part of purchasing a new computer, a buyer must also purchase a new monitor. C. When purchasing a new digital music player, a buyer is given the option of buying songs. D. When purchasing a used car, a buyer is offered a discount on new tires.
A corporation reports the following year-end balance sheet data. The company's acid-test ratio equals: Cash$49,000? Current liabilities$84,000? Accounts receivable 64,000? Long-term liabilities 20,000? Inventory 69,000? Common stock 109,000? Equipment 154,000? Retained earnings 123,000? Total assets$336,000? Total liabilities and equity$336,000?
A. 2.17 B. 0.45 C. 0.31 D. 1.35 E. 0.69
Which of the following is not a popular definition of quality?
A) Quality is the totality of features and characteristics of a product or service that bears on its ability to satisfy stated or implied needs. B) Quality is defined as a competitively priced product that surpasses customer needs. C) Quality is the degree to which a product conforms to design or specification. D) Quality is fitness for use. E) Even though quality cannot be defined, you know what it is.
What is the advantage of a durable power of attorney over a ordinary power of attorney?